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Search Results 0 to 4 of about 5 (some duplicates have been removed)
talk about entitlement spending cuts. are the democrats willing to accept that the government will spend less money? if this is the case, then they might find common ground. one important issue, of course, is going to be the members of the tea party. they are saying compromise is a bad word. of course, it will be difficult for them to find a compromise, to bring them into the boat. >> we had the meeting today. we have the special session on sunday. do you expect a compromise, or are we going over the cliff? >> this is really difficult to predict, but i will look today when they come out of the meeting weather they are willing to say, "well, we are looking forward to the next meeting." will they continue to talk? will they make jokes maybe? i think this might be an optimistic sign. if they come out and just say, "well, we are looking for a solution and the other side just do not want to compromise," then the blame game will start, and we probably will go over the fiscal cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in eur
reports on the military and government failings in the war in afghanistan. nancy gives him an editor at large and michael duffy, executive editor for time magazine chronicle the relationship between the u.s. presidents in the president's club in side the world's most exclusive fraternity. political commentator kevin phillips recounts what he believes was the most important year of the american revolution which was 1775, a good year for revolutions. for an extended list of links to various publications, 2012 novel book selections visit the book tv website, booktv.org or our facebook page facebook.com/booktv . >> up next on book tv, richard wolff and david bersamian talk about our economic crisis and argue that it can be traced back to the 1970's when our economic system shifted from benefiting a vast majority of americans to one which mostly benefits only the very rich. this is about an hour-and-a-half. [applause] >> good to see you will hear. let's cut quickly to the chase. what is it and the dna of capitalism that makes this so unstable? >> since the beginning of economics as a disc
thing the next government needs to do is actually nothing. if it does nothing, if it doesn't reverse the reforms -- >> what's interesting is what berlusconi is campaigning on is austerity. he's running on an ant anti-austerity pro eu package. while it's untenable, it does have a certain amount of certainly backtracking the fiscal returns for them. >> exactly. this property tax, i think that's a cause for concern. if you were to repeal that, the fiscal position on would be unsustainable and he would have to raise taxes elsewhere to make up for that. that would be some messy negotiations with him on a european level. markets would be very concerned already heading into the elections. the more noise we hear, the higher italian borrowing costs would be and if italian borrowing costs rise, one of the very important parameters which led to this drop in debt to gdp over these 15 years heading into the crisis would not be fulfilled any more and italy's position would be unsustainable because of all that noise. >> it sounds like a catalyst should this fall into place in 2013. that still remai
for anyone looking to become more familiar with how government works and the ins and outs of capitol hill. >> julie seger on c-span on verizon. c-span has been brought to you by your television provider as a public service. >> next, it is a global look at the economy with a speech by greek economist. among his many books, the economics professor recently minotaur" andobal natar we will show you as much as we can before the house gavels in at 2:00 p.m. eastern. [applause] >> ladies and gentlemen, france, -- friends, this is a singular honor to be a guest in this temple of civic life. thanks to all the good people for making this possible, to my publisher, the staff that are manning the barricades outside. my novel is debt crisis and the future of the world economy. i will be arguing that there is no such thing as a debt crisis. there is no debt crisis in the united states of america and europe, and there is no such thing as the debt crisis in my own country, which is nevertheless being consumed by debt. you know the joke about balloonist. the balloon has been blown off isrse, and at some p
Search Results 0 to 4 of about 5 (some duplicates have been removed)